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How to Negotiate on Rent

Who says that a designated rent price is the final and end all when it comes to renting the apartment you want? People negotiate home buying prices why shouldn’t rental prices be negotiated? Well if you have been wanting to negotiate on rent but don’t know where to begin, fear not the local moving services in Mobile, have some advice to help get you closer to the price you want!

Timing is everything when negotiating rent prices. So, when is the right time to bring up the talk? There are a few times during your lease that would provide the best atmosphere to negotiate on rent. One is at the end of the month. Most leases end towards the last days of the month, this is when landlords know they need to find new tenants to keep rent flowing in and to keep current tenants. Bringing up your desire to negotiate on rent could be better received during this time. Moving services in Mobile, also suggest negotiating your rent a few months before your lease expires. This way your landlord is aware of your desire to leave if they do not agree to negotiate on rent. It also gives you plenty of time to find a new place to live. Many landlords are much more inclined to working with current tenants so they do not need to worry about looking for another tenant in the upcoming months.

Now that we’ve established a when, the moving services in Mobile know you are probably wondering how to actually bring the subject up. Well there are several ways to negotiate on rent but they all follow these steps. (1) Do your research! You must know the prices of comparable housing in the nearby neighborhood so you can ask for a realistic quantity. Knowing this information will also help give you confidence because you have a better understanding of the realistic prices in the area. (2) Make the negotiation appeal to your landlord as well. In return for a lower rate, offer to pay a few months upfront. Money talks and your landlord may be more willing to lower the price if he can see the money soon. (3) Have all documents and information available during your meeting with your landlord. Proof can help settle any arguments and provide a solid foundation for your request.

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